Information from the Statistics and Census Service (DSEC) indicated that the overall residential property price index for December 2017-February 2018 decreased by 2.0% over the previous period (November 2017-January 2018) to 252.0. The indices for the Macao Peninsula (252.0) and Taipa & Coloane (251.9) dropped by 2.3% and 0.9% respectively.
The index for existing residential units (265.8) went down by 1.8%, with the indices for the Macao Peninsula (260.5) and Taipa & Coloane (290.4) falling by 2.0% and 0.9% respectively.
The index for pre-sale residential units (269.5) decreased by 1.7%. Analysed by year of building completion, the indices for residential units built more than 20 years ago and completed between 6 and 10 years ago dropped by 1.7% and 1.2% respectively, whereas the index for those built in 5 years or less edged up by 0.1%.
In comparison with December 2016-February 2017, the overall residential property price index expanded by 9.4%, with the indices for existing residential units and pre-sale residential units rising by 8.4% and 14.5% respectively.